Top Commerce Universities in the UK

Top Commerce Universities in the UK

Top Commerce Universities in the UK
Saru Niraula

Commerce Studies study the factors that influence economic behavior in individuals and organizations. The course provides students with the skills and information they need to comprehend and solve significant business challenges; make a difference in society, policy, and organizations; and pave the way for a global career.

Commerce courses are available in Accounting, Economics, Finance, Management, Marketing, Business Analytics, Business Administration, etc. 

You can even decide to do a double major, combining any two of these sub-disciplines. In the UK, various top universities offer these courses at the undergraduate level, master’s level, and Ph.D. level.

A degree in these fields can lead to employment in actuarial science, business, economics, finance, management, and marketing. 

A degree in commerce can lead to a career in various professional associations, including banking, insurance, capital markets, investment firms, corporate sectors, businesses, government agencies, and many more, depending on your major(s).

Global ranking of some of the top universities in the UK for Commerce courses

Various Commerce courses are available at several reputable universities in the UK. The leading UK universities in the subject are listed below, based on QS Rankings 2022 by subject "business and management studies."

Ranking

Universities/Colleges

Location

3

London Business School

London, United Kingdom

8

University of Cambridge

Cambridge, United Kingdom

9

University of Oxford

Oxford, United Kingdom

11

The London School of Economics and Political Science (LSE)

London, United Kingdom

21

The University of Warwick

Coventry, United Kingdom

25

Imperial College London

London, United Kingdom

32

The University of Manchester

Manchester, United Kingdom

60

City, University of London

London, United Kingdom

70

Lancaster University

Lancaster,, United Kingdom

70

University of Leeds

Leeds, United Kingdom

83

University of Bath

Bath, United Kingdom

95

Oxford Brookes University

Oxford, United Kingdom

99

UCL

London, United Kingdom

102

King's College London

London, United Kingdom

105

Aston University

Birmingham, United Kingdom

110

Cranfield University

Bedford, United Kingdom

113

University of Strathclyde

Glasgow, United Kingdom

115

Durham University

Durham, United Kingdom

116

University of Birmingham

Birmingham, United Kingdom

117

The University of Edinburgh

Edinburgh, United Kingdom

129

University of Nottingham

Nottingham, United Kingdom

131

Loughborough University

Loughborough, United Kingdom

136

Cardiff University

Cardiff, United Kingdom

147

University of Glasgow

Glasgow, United Kingdom

Programs for Bachelors in Commerce with tuition fees in the UK

The table below lists some UK universities and colleges that offer a bachelor's program in commerce or a similar discipline and the tuition rates for international students.

Universities/Colleges

Courses

Tuition fees per annum (International)

The University of Cambridge

BA Economics

£24,507

The University of Oxford

BA in Economics and Management

£37,280

The London School of Economics and Political Science (LSE)

BSc Management

£24,264

The University of Warwick

BSc Accounting & Finance

£28,410

Imperial College London

BSc Economics, Finance and Data Science

£36,700

The University of Manchester

BSc Management (International Business Economics)

N/A

City, the University of London

Business Management

BSc (Hons)

£22,000

Lancaster University

Accounting and Management

BSc Hons

£22,650

University of Leeds

Business Management with Marketing BA

£24,000

Academic Requirements

  • An undergraduate degree requires a minimum of 60% at the intermediate level/ +2.

English Test Scores

  • IELTS: A minimum score of 6.5 and a minimum of 6.0 in all elements.
  • TOEFL iBT: A minimum overall score of 87.
  • PTE: An overall score of 58. 

Programs for Masters in Commerce with tuition fees in the UK

The table below lists the top universities in the UK that offer a postgraduate taught program in Commerce or a closely related field.

Universities/Colleges

Courses

Tuition fees per annum (International)

London Business School

Masters in Finance

£52,200

University of Cambridge

Master of Business Administration (MBA)

£64,000

The University of Oxford

M.Sc. in Economics for Development

£32,760

The London School of Economics and Political Science (LSE)

M.Sc. Economics and Management

£33,504

The University of Warwick

M.Sc. Accounting & Finance

£38,000

Imperial College London

Master of Business Administration (MBA)

£61,500

The University of Manchester

M.Sc. Business Analysis and Strategic Management

£26,000

City, University of London

Master of Business Administration (MBA)

£48,000

Lancaster University

Accounting and Financial Management

M.Sc.

£26,500

University of Leeds

Accounting and Finance M.Sc.

£31,500

Academic Requirements

  • A 4-year undergraduate degree in subjects like Business, Finance, Accounting, Economics, or related subjects from an accredited institution.
  • A minimum GPA equivalent to an upper second class (2:1) honors degree on the UK scale.
  • A GRE/GMAT score if asked. 
  • Some universities ask for a two-year work experience before starting MBA courses.

English Test Scores

  • IELTS: A minimum score of 6.5 and a minimum of 6.0 in reading and writing.
  • TOEFL iBT: A minimum overall score of 94.
  • PTE: An overall score of 70. 

Programs for Ph.D. in Commerce with tuition fees in the UK

The table below lists the top universities in the UK that offer a postgraduate research program in Commerce or a closely related field.

Universities/Colleges

Courses

Tuition fees per annum (International)

London Business School

Ph.D. in Finance 

Fully funded

University of Cambridge

Doctor of Business

£80,000

The University of Oxford

D.Phil. in Economics

£24,800,

The London School of Economics and Political Science (LSE)

Ph.D. in Economics and Management

£21,768

The University of Warwick

Ph.D. Business & Management

Fully funded

Imperial College London

Ph.D. in Innovation & Entrepreneurship

Fully funded

The University of Manchester

Ph.D. Business and Management

£20,000

City, the University of London

Ph.D. in Management

£12,000

Lancaster University

Accounting and Finance

Ph.D.

£19,520

Academic Requirements

  • A relevant bachelor’s degree from an accredited university with GPA score equivalent to an upper second class (2:1) honors degree on the UK scale.
  • A relevant Masters's degree with a minimum of 65% overall.
  • GRE/GMAT score may be required.
  • Some universities ask for professional experience in addition to a bachelor’s/masters degree.

English Test Scores

  • IELTS: Overall minimum score of 7.0 with a minimum of 6.5 in each element.
  • TOEFL iBT: A minimum overall score of 100 with a minimum of 22 in each subtest.
  • PTE: An overall score of 70. 

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Top Commerce Universities in the UK: Scholarships

Some of the scholarships offered to international students at universities in the UK are listed below.

Universities/Colleges

Scholarship

Amount

London Business School

Masters in Finance Alumni Scholarship

Up to 50% of tuition fees

Out in Business MBA/MiF Scholarship

Up to £15,000

University of Cambridge

The Boustany Foundation MBA Scholarship

75% of tuition fees

The Cambridge MBA Scholarship for Entrepreneurs

Up to £15,000

Imperial College London

Sanctuary Scholarships

Tuition fees in full and a monthly stipend for living costs of £16,500 p.a.

The Anne Seagrim Accommodation Scholarship

£10,000

The University of Manchester

The Manchester International Excellence scholarships

£6,000

City, University of London

President's International Scholarship

£9,000

The Sekforde Scholarships

£12,000

Lancaster University

Lancaster Global Scholarship

Varies

Lancaster Scholarship

£1,000

Top Commerce Universities in the UK: Career and Job Scope

Graduates of commerce programs are in high demand worldwide. In addition to new start-up businesses in tech industries and traditional international organizations, career possibilities are also available in banking, insurance, capital markets, investment firms, corporate sectors, government agencies, and many more.

Job Titles

  • Account executive
  • Accountant
  • Actuary
  • Brand manager
  • Business analyst
  • Consultant
  • Customer experience expert
  • Customer insights analyst
  • Digital marketing manager
  • HR Executive
  • Researcher
  • Sustainability analyst
  • Social media manager
  • Supply chain manager
  • Startup founder

Top Recruiters

  • PricewaterhouseCoopers.
  • Accenture.
  • IBM UK.
  • Fujitsu.
  • eBay.
  • Samsung.
  • UBA.
  • JP Morgan.

Job Title

Range

Average

Accountant

£25k - £50k

£35,242

Supply Chain Manager

£27k - £54k

£38,390

Strategy Consultant

£26k - £53k

£35,996

Senior Web Designer

£30k - £49k

£38,513

Senior Auditor

£32k - £50k

£41,293

Senior Associate - Investment Banking

£37k - £73k

£51,719

Senior Account Manager

£40k - £77k

£55,635

Project Manager

£24k - £41k

£31,008

Marketing Operations Manager

£24k - £45k

£33,188

Marketing Executive

£21k - £34k

£26,586

Manager of Accounting & Financial Reporting

£32k - £57k

£41,779

Inside Sales Representative

£19k - £34k

£25,282

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